Bids, mergers and takeovers

Rio Tinto revises Turquoise Hill funding as takeover talks continue

Rio Tinto PLC on Thursday said it revised its funding arrangements with Turquoise Hill Resources as the Canadian mining firm continues to evaluate Rio Tinto's...

Thu, 19/05/2022 - 10:38

IN BRIEF: Tungsten ends takeover talks with potential offeror

Tungsten Corp PLC - London-based electronic invoicing company - Amid several bids for the company, Tungsten has confirmed that one of the unnamed potential competing...

Wed, 18/05/2022 - 19:37

IN BRIEF: Power Metal picks up added stake in Kalahari Key Mineral

Power Metal Resources PLC - metals exploration company focused in North America, Africa and Australia - Will acquire additional 59% interest in Kalahari Key Mineral...

Wed, 18/05/2022 - 18:26

IN BRIEF: Regional REIT acquires office assets for £48.2 million

Regional REIT Ltd - London-based real estate investment trust - Makes three separate office investments in Derby, Milton Keynes and Crawley for £19.8 million, £15.9...

Wed, 18/05/2022 - 18:16

IN BRIEF: AdvancedAdvT says hostile M&C Saatchi bid doesn't undervalue

AdvancedAdvT Ltd - London-based acquisition vehicle - Notes Tuesday's rejection by London-based advertising agency M&C Saatchi of AdvancedAdvT's takeover offer. M&C Saatchi called the offer...

Wed, 18/05/2022 - 16:54

Molten Ventures investee Thought Machine gets $2.7 billion valuation

Venture capital firm Molten Ventures PLC on Wednesday said its portfolio company, Thought Machine Group Ltd, has been valued at $2.7 billion following a round...

Wed, 18/05/2022 - 13:21

IN BRIEF: GXO waives UK approval condition for Clipper Logistics deal

Clipper Logistics PLC - Leeds, England-based e-fulfilment services provider - GXO Logistics Inc waives clearance by the UK Competition & Markets Authority as a condition...

Wed, 18/05/2022 - 13:02

Sopheon accelerates growth strategy with Solverboard acquisition

Provider of software and services Sopheon PLC on Wednesday said it has acquired cloud-based business Solverboard.

In Sopheon's last annual report it said it would...

Wed, 18/05/2022 - 12:16

London Stock Exchange buys US data solutions provider MayStreet

London Stock Exchange Group PLC on Wednesday said it has agreed to buy New York-based data solutions provider MayStreet Inc.

LSEG noted it already has...

Wed, 18/05/2022 - 11:50

Schroder British invests in insurance firm CFC Underwriting

Schroder British Opportunities Trust PLC on Wednesday said it has made an investment in CFC Underwriting.

London-headquartered CFC is a technology-driven insurance firm, serving more...

Wed, 18/05/2022 - 10:50